Monzo

UK Neobanks Show Potential for 2022 with Major Fundraising and Expansion Plans
UK Neobanks Show Potential for 2022 with Major Fundraising and Expansion Plans
January 07, 2022  |  Digital-First Banking

Despite the legal and pandemic-related business challenges that have plagued neobanks in the United Kingdom in recent months, the challenger bank space in Europe is...

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EMEA Daily: UK’s Lloyds Acquires Stake in Loyalty App Bink, European Giants Consolidate in Delivery Space
EMEA Daily: UK’s Lloyds Acquires Stake in Loyalty App Bink, European Giants Consolidate in Delivery...
January 03, 2022  |  International

In today’s top Europe, Middle East and Africa news, U.K. high street bank Lloyds has acquired a stake in loyalty app Bink, while European giants...

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US Dreams Dashed But UK and EU Neobanks Brim With Potential in 2022
US Dreams Dashed But UK and EU Neobanks Brim With Potential in 2022
January 03, 2022  |  Digital Banking

Despite legal and pandemic-related business challenges, the challenger bank space in the United Kingdom and European Union is brimming with potential, buoyed by growing investor...

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China’s Tencent Takes Stake in UK Challenger Bank Monzo
China’s Tencent Takes Stake in UK Challenger Bank Monzo
January 02, 2022  |  Digital-First Banking

Tencent, the Chinese-based tech group, has a new stake in Monzo, which shows a big recovery in Monzo’s fortunes as it’s now valued at $4.5...

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EMEA Daily: UK Digital Bank Monzo Snags $500M at $4.5B Valuation; Amazon to Appeal $1.3B Italy Antitrust Case
EMEA Daily: UK Digital Bank Monzo Snags $500M at $4.5B Valuation; Amazon to Appeal $1.3B...
December 09, 2021  |  International

In today’s top Europe, Middle East and Africa news, U.K. digital bank Monzo has snagged $500 million at a $4.5 billion valuation, and Amazon plans...

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UK Digital Bank Monzo Raises $500M at $4.5B Valuation as it Readies for Crypto
UK Digital Bank Monzo Raises $500M at $4.5B Valuation as it Readies for Crypto
December 09, 2021  |  Digital-First Banking

U.K. challenger bank Monzo is raising more than $500 million (£377m) at a valuation of $4.5 billion (£3.4bn) as it gets ready to take a...

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UK Bank Monzo Seeks to Raise $411M on Possible $4.1B Valuation
UK Bank Monzo Seeks to Raise $411M on Possible $4.1B Valuation
October 27, 2021  |  Digital Banking

The British digital bank Monzo has begun talks in hopes of raising at least $411 million (£300m) with eyes on a possible valuation of $4.1...

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Challenger Bank Monzo Abandons US Banking License Application
Challenger Bank Monzo Abandons US Banking License Application
October 04, 2021  |  Digital-First Banking

London-based FinTech company Monzo has pulled back its application for a U.S. banking license, according to a Monday (Oct. 4) report from CNBC. The withdrawal...

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Barclays Hit in Phishing Scam Using Monzo Account, PISP
Barclays Hit in Phishing Scam Using Monzo Account, PISP
October 03, 2021  |  Security & Fraud

Millions of pounds were swiped from Barclays accounts in a phishing scam by a fraudster using a Monzo account and a payments initiation service provider...

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